On 1st April, 2019, Black Limited received a government grant of ₹ 15,00,000 for acquisition of a Machine costing ₹50,00,000. The grant was credited t
The following particulars are stated in the Balance Sheet of Star Limited as on 31st March, 2023: Deferred Tax Assets (Dr.) ₹1,20,000 Deferred Tax Lia
AB Contractors undertakes a fixed price contract of ₹350 Lakhs. Information related to contract is given as under: Material purchased: ₹125 lakhs Labo
Ace Limited borrowed ₹25 Lakhs from ABN Bank during the financial year 2023-24. Ace Limited used these funds to invest in Equity shares of Kay Limited
The following summary cash account has been extracted from the Nextspace Limited's accounting records: Particulars ₹ Cash Balance as on 01-04-2023 72,
Glow Limited had taken a loan of ₹5,00,000 in June, 2023. The loan is to be repaid in 10 half yearly equal installments starting from December, 2023.